Michael McRoberts - 15 Mar 2023 Form 4 Insider Report for RUSH ENTERPRISES INC \TX\ (RUSHA)

Role
Chief Operating Officer
Signature
/s/ Steven L. Keller, Attorney-in-Michael McRoberts
Issuer symbol
RUSHA
Transactions as of
15 Mar 2023
Net transactions value
-$419,291
Form type
4
Filing time
17 Mar 2023, 18:25:34 UTC
Previous filing
14 Mar 2023
Next filing
19 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUSHA Class B Common Stock Tax liability $189,426 -3,410 -2.4% $55.55 138,221 15 Mar 2023 Direct F1, F2
transaction RUSHA Class B Common Stock Tax liability $229,866 -4,138 -3% $55.55 134,083 15 Mar 2023 Direct F2, F3
transaction RUSHA Class B Common Stock Award $0 +30,000 +22% $0.000000 164,083 15 Mar 2023 Direct F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RUSHA Option (right to buy) Award $0 +10,000 $0.000000 10,000 15 Mar 2023 Class A Common Stock 10,000 $52.56 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reported are shares not reported to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2021.
F2 Includes unvested restricted stock and certain shares included in the Company's deferred compensation plan.
F3 Shares reported are shares not reported to the reporting person in order to satisfy the reporting person's tax obligations with respect to vesting associated with the grant of restricted stock that occurred on March 15, 2022.
F4 Reflects the grant of restricted stock. The restricted stock vests in increments of 1/3 on each of the first, second and third anniversary of the grant date, which is March 15, 2023.
F5 Options may be exercised in increments of 1/3 on each anniversary of the grant date beginning on the third anniversary of the grant date. The grant date is ten years prior to the expiration date.